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Lagos, Rivers Top List As States’ IGR Drop By N20bn In 2020
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Lagos, Rivers Top List As States’ IGR Drop By N20bn In 2020

The trio of Lagos, Rivers, and the Federal Capital Territory (FCT) have topped the list of states with the highest amount of Internally Generated Revenue (IGR) in 2020. This is according to the National Bureau of Statistics (NBS) in its report titled ‘Internally Generated Revenue At State Level (Q4 And...
FG, AfDB to kick off Special Agro- Processing Zones Across the Country
FeaturedNews

FG, AfDB to kick off Special Agro- Processing Zones Across the Country

The federal government in partnership with the African Development Bank (AFDB) and other stakeholders has concluded plans to commence a Special-Agro Industrial Processing Zones (SAPZ) Programme aimed at concentrating agro-processing activities in demarcated areas to boost productivity and integrate production, processing and marketing of selected commodities. Under the programme, the...
Shoprite Sells Nigerian Business To Property Company
FeaturedNews

Shoprite Sells Nigerian Business To Property Company

A Nigerian property company will be taking over Shoprite’s local business in Nigeria, Reuters reported on Wednesday, citing multiple sources. Persianas is buying Shoprite’s Nigerian business after the South African retailer decided to retreat from other African markets. Shoprite, with more than 2,300 stores across Africa, is awaiting regulatory approval...
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